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Bitcoin / Hardware wallets / Hardware wallet company and seed phrase question
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on: February 25, 2023, 04:20:34 AM
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Strange question but but here goes.
Lets say I had a ledger, trezor or any hardware wallet with a seed phrase secured. Let us assume I have fifteen random cryptos stored on it for this question.
Now the company that I bought the hardware wallet from gets nuked in a war and is gone forever.
Will I still be able to access all my crypto? If so how?
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Economy / Speculation / Charts Today 6/13
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on: June 13, 2022, 11:37:02 PM
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I have been monitoring charts all day. Btc/Eth/Doge are trading in lockstep on the 3m bitcoinwisdom charts. Buys, sells- increased/decreased volumes happen almost simultaneously.
How is this possible?
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Bitcoin / Bitcoin Discussion / State of the States
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on: September 16, 2017, 05:27:56 AM
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What have you heard about the US? I have people coming out of the woodwork to pick my brain. They are buying, and when it drops they are unwavering and buy more. I am no longer alone, I cant speak for Wall St. but the little guys here are looking long term. This is a recent development, imo the new holders are not priced in yet. The rebound reflects this.
"I'm buying another one in honor of Jamie Dimon" and "Thanks China" this is what I'm seeing, newbies. Honestly, I was not expecting this just yet.
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Other / Politics & Society / Open Source Blockchain Based Voting System
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on: October 24, 2016, 07:52:42 PM
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I had a vision about an open source blockchain based Voting system that could be applied in any political or business context, immutable.
How could this be achieved?
Who would take the initiative?
Make bitcointalk great again by providing the world with the tools necessary to bring power back to the people.
Start the conversation here.
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Alternate cryptocurrencies / Altcoin Discussion / Heard of Premining? Allow me to Introduce the Post-Mine
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on: October 05, 2014, 08:27:54 AM
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Most of these coins are non factors and/or dead coins at the moment, with that being said I would like to open a discussion regarding this little trend as of late. I call it postmining dead coins.
Applecoin, Microcoin, and Topcoin have (or have not) told holders to trade in all of their coins which would then be replaced by the new version. Version 2 of these coins reside on a new blockchain. Applecoin was swapped via BTC-38, Microcoin by Alcurex, and Topcoin facilitated it on a swap thread.
What happens to the version one of these coins that are traded in? The dev gets all of them (huge postmine).
Version two of the coins are premined (?) to match the first versions coin supply, except Topcoin has a 1000:1 ratio for the swap. Surely not all coins will be swapped out, which again will leave the dev with another large chunk of coin (secondary postmine of the premined version 2). Furthermore some devs have given a window which expires for the swap, and they tell holders that the old wallet will not connect soon and all coins will be lost.
So if a qt and some nodes are ever put up for the first versions of these coins in the future the devs will dump their massive wallet from all the people who traded it in. Then if version 2 ever takes off devs will have the "unswapped" coins to dump. Postmine dumps.
I do not know how burning coins works, or if it is possible for all coins but if I assume it is then may I suggest:
Provide proof of burn for all version 1 coins that have been traded in. Once the trade in period is over and the version 1 wallet is dead burn the leftover coins that were not swapped out of version 2.
I would like to thank Halibit for stating all MRC (V1) will be destroyed that are left on Alcurex after they are all swapped out for (V2), some proof would be very noble.
I initiated this post to deter developers from taking this route if what I am saying makes sense, and may I ask if somebody knows if any coin can be burned?
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Other / Off-topic / The Thrill is Gone
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on: March 28, 2014, 02:57:39 PM
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Thrill is gone The thrill is gone away The thrill is gone, baby The thrill is gone away
You know you done me wrong, baby And you'll be sorry someday
The thrill is gone It's gone away from me The thrill is gone, baby The thrill is gone away from me
Although, I'll still live on But so lonely I'll be
The thrill is gone It's gone away for good The thrill is gone, baby It's gone away for good
Someday I know I'll be open armed, baby Just like I know a good man should
You know I'm free, free now, baby I'm free from your spell Oh, I'm free, free, free now I'm free from your spell
And now that it's all over All I can do is wish you well
This song describes what crypto has turned into for me, although she has been good to me, the thrilll is indeed gone and it has become outright boring.........
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